Should countries be more like shopping malls and compete for investors on the global capital market? Shopping malls have strong incentives to price services efficiently and to deliver them as promised.
Electricity supply often drives how African citizens view their elected officials’ performance. Along with a handful of other issues, it also can influence the outcome of voting behavior. Therefore, it’s no surprise that African leaders have increasingly prioritized improvements in generation capacity and the reliability and affordability of service provision. The challenge often comes in the mismatch between citizens’ perceptions of performance and the timeframe required to influence them.
Angus Deaton said he didn’t mind poverty analysis as long as the poverty line is infinity. Stevenson and Wolfers (2013) assemble the array of survey based measures of subjective well- being (SWB), such as “life satisfaction” or “happiness” and search for income satiation.
The first-ever US-Africa Leaders Summit wrapped up late last week. While it’s too early to calculate the real impact of the convocation, I wanted to log some of the more easily quantifiable information, ranging from the trivial to the (potentially) significant.
President Obama’s Power Africa initiative clearly gathered a lot of momentum this week. First, the White House announced that approved and planned projects now represent almost 80 percent of the initial power generation target.